Navient adds to health care holdings

Xtend Healthcare, a health care revenue cycle management company, announced the expansion of its health information mManagement technologyand consulting services with the acquisition of ELIPSe. Xtend is a part of Wilmington-based Navient.

Xtend also announced the appointment of Elaine Lips, a 30-year industry veteran and founder and CEO of ELIPSe, to lead Xtend’s expanded services. ELIPSe’s team of 22 employees will also join Xtend.

“As the health care field evolves, information systems have become even more critical to delivering value and success for our clients,” said Mike Morris, president, Xtend Healthcare. “Our combined technology, HIM and coding expertise will allow us to provide our health system clients with an even broader and more integrated suite of services—essential in our fast-changing industry.”

Advertisement

Part of Navient since 2015, Xtend currently serves more than 130 hospitals, ranging from large teaching hospitals and urban medical centers to rural hospitals.

Over the past several years, Navient has moved beyond student loan collections and payment services. The company earlier announced the purchase of Duncan, a provider of parking services.

Delaware Business Now is a four-year-old, five-day-a-week newsletter and website operated by Bird Street Media LLC. Publisher and Chief Content Officer is Doug Rainey, a 30-year veteran of business journalism in the state of Delaware. Business Now focuses on breaking business news in Delaware and immediate adjacent areas with apropriate background and perspective. Also offered exclusively in our FREE newsletter is commentary on state and regional issues. Have a complaint, question or even a compliment? Send an email to drainey@delawarebusinessnow.com. For advertising information, click on the About tab at the top of the home page Our business hours are 8 a.m. to 5 p.m., Monday through Friday. Call us at 302.753.0691.